Taiwan-based IC design houses particularly LCD driver IC firms continue to see their China-based handset clients decelerate their pace of orders, bracing for a potential cutback in the orders for the …
Tagged By business
Xiaomi’s business hit hard by China’s Covid-19 lockdowns as profit halves in first quarter
Chinese smartphone maker Xiaomi turned in weak sales and profit for the first quarter as China’s strict Covid-19 lockdowns dampened demand and disrupted supply chains across the country. “This …
Maersk gets back to business in Shanghai
Danish shipping and logistics giant A.P. Moller-Maersk said demand for transport services will surge in China’s Yangtze River Delta region in the coming weeks, as a growing number of manufacturers in …
South Korea looks to break China import dependence and establish ‘supply chain alliances’
South Korea under president Yoon Suk-yeol is seeking to diversify trade away from China and boost ties with other economies in the Indo-Pacific But South Korea’s dependence on Chinese imports, …
Exports beat market forecast
Malaysia’s exports growth in April beat market predictions, with exports recording a double-digit gain for the ninth straight month. The Statistics Department announced yesterday that exports surged …
Cisco stock logs worst day in more than a decade as China shutdown blamed for poor outlook
Cisco shares log their worst day in more than a decade Thursday, as analysts voice concerns about China’s COVID shutdown compounding supply-chain problems.
Gucci and adidas’ leaky $2346 umbrella is facing a backlash in China
The parasol is being slammed by the online masses because it does not stop rain. Never mind that the brands say that is not what it was designed to do.
Manufacturers weigh in as Congress negotiates China competition bill
The National Association of Manufacturers sent a letter to congressional leadership on Thursday, presenting a list of recommendations as lawmakers negotiate the details of legislation aimed at raising …
Is Beijing Changing Tack on Big Tech?
Rui Ma has nearly two decades of experience in technology and finance, spanning seed stage to pre-IPO investing, spread evenly between the U.S. and China. She founded Tech Buzz China in 2018 to…
As China’s economy slows, Japanese exports take a hit
The slowdown in China’s economy caused by lockdowns in Shanghai and other cities sent Japanese exports to the country falling 22.6% by volume on the year in April, preliminary data released Thursday …
Investing Club: Here’s how much each company in our portfolio is exposed to China
We are providing a breakdown of the revenue exposure to China and the potential supply chain ramifications of every name we own.
China’s Ban on Bitcoin Mining Isn’t Completely Stopping Its Practice
The data to support this status comes from a report by the Cambridge Centre for Alternative Finance (CCAF). China was the largest crypto miner before it banned the practice last year. The report …
China: Gucci X Adidas Sell $1644 Umbrella That Isn’t Waterproof, Faces Backlash
As a part of the new GuccixAdidas line, the famous sportswear Adidas and the luxury label Gucci have launched a ‘sun umbrella’. These brands ar …
